1/8
£100,000
1 bed · 1 bath
Edwards Road, Birmingham, West Midlands, B24
0.01 miles
away
Leasehold
Added on 16/09/2026 Your Move
1/8
1/8
£75,000
Asking price 1 bed flat for sale Nexus Point, Edwards Road, Erdington, B24
1
bed Flat
Leasehold
Added on 16/09/2026
About this property
Investors only! Tenanted achieving £800pcm (13% yield)! A modern development by the developer Seven Capital, Nexus Point is an office block conversion of 85 apartments within Erdington's focal point.
Key features
- No Chain
- Double Bedroom
- 2nd Floor
- Close Proximity to Train Station
- Good Transport Links
- Electric Heating
- Investors Only - Tenanted Achieving £800pcm (13% Yield)
Floorplan
Location
Nexus Point, Edwards Road, Erdington, B24, B24 9EQ
- Council tax
- Band D (Approx £2,363/year)The agent has not stated the band, so band D is shown as the local reference: Birmingham's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £67,000 mortgage. Most lenders would want a household income of about £15,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in B24 9EQ. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 104, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Mar 2021 | 355 sq ft £338/sq ft | 355 sq ft | £338 | £120,000 |
| Flat 206, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Nov 2020 | 355 sq ft £366/sq ft | 355 sq ft | £366 | £129,950 |
| Flat 301, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Sept 2020 | 646 sq ft £249/sq ft | 646 sq ft | £249 | £161,000 |
| Flat 308, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Jun 2020 | 344 sq ft £334/sq ft | 344 sq ft | £334 | £114,950 |
| Flat 810, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | May 2020 | 614 sq ft £293/sq ft | 614 sq ft | £293 | £179,950 |
| Flat 607, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | May 2020 | 355 sq ft £341/sq ft | 355 sq ft | £341 | £120,950 |
| Flat 409, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Apr 2020 | 355 sq ft £366/sq ft | 355 sq ft | £366 | £130,000 |
| Flat 504, Nexus Point, 10, Edwards Road Flat / maisonette | Flat / maisonette | Apr 2020 | 355 sq ft £377/sq ft | 355 sq ft | £377 | £133,950 |
Area insights
The neighbourhood around this property.
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